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Search Results 0 to 4 of about 5 (some duplicates have been removed)
, as president clinton said. the reality is that any past or on tax reform that promises to cut rates will either end up failing to reduce the deficit or failing to protect the middle class from a net tax increase. you can, at most, achieved two of these goals. anyone pushing a plan purporting to accomplish all three is not telling the truth. the sooner we are honest with ourselves about this, the easier it will be to negotiate an actual compromise on taxes and on deficit reduction. in 1986, we chose to cut the top rate and protect the middle class. we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. -- from a net tax increase. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figur
democrat who has endorsed that. >> we put it together with the former clinton budget director. here is the point. if we do not fix this soon, current seniors get caught. 10,000 people are retiring every single day. >> if we just allow medicare to bargain for the cost of drugs, that would save $156 billion right off the bat. folks, all you seniors, have you been denied choices? have you lost medicare advantage? >> if it could help solve the problem, why not very slowly raise the medicare eligibility age by two years? >> i was there when we did that with social security in 1983. i was one of eight people negotiating with president reagan. we all got together and everybody said as long as everybody is in the deal, and everybody is making some sacrifice, we can find a way. we made the system solvent to 2033. we will not be part of any voucher plan eliminating -- the doctor says, mom, when you are 65, shop for the best insurance, you are out of medicare. it will not keep pace with health care costs. if it did keep pace, there would be no savings. that is why they go to the voucher. we wi
appreciate secretary clinton's efforts to cooperate with this investigation. she stepped in and instructed her people to cooperate and they have. additionally, if i have had conversations directly with the secretary and i believe our service together since 2001 in the u.s. congress plays no small part in her recognition of the role we serve on both sides of the dome. today, however, this hearing has been called for the express purpose of examining security failures that led to the benghazi tragedy. safe-haven within the compound, which some state department officials seemed to think could protect the benghazi compound inhabitants, did not work. in retrospect, it cannot be expected to work. the overall level of security at the compound did not meet the threat or standards under any reasonable assessment for a facility of this kind. today's hearing is the result of concerned citizens with direct knowledge of the events in libya a ultimately reaching this committee. as we look back on what occurred, our challenge is to identify things that clearly went wrong and what the benefit of hindsight
. that rate is the one that inflates when bill clinton was president, the economy created 23 million new jobs, the biggest surplus in history, a whole lot of millionaires to boot. governor romney says it is fair that he pays the same tax rate as a teacher that makes $50,000. he is wrong. i refuse to pay for that tax cut by asking you students to pay for college or kicking kids out of head start programs for limiting health-care for millions of americans who are poor or disabled or elderly. that is the choice we face in this election. that is what the election comes down to. over and over we have been told by governor romney and congress in mind that says the government cannot do everything, it should do nothing. if you cannot afford health insurance, will be do not get sick. if a company releases pollution, that is the price of progress. if you cannot afford to go to college or start a business, bar money from our parents. you know what? that is not who we are, that is not what this country is about. we believe we're in this together. we understand it is about what can be done by us as one na
Search Results 0 to 4 of about 5 (some duplicates have been removed)